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Bitcoin Reserve: New Rules for US Government Digital Asset Management

This act establishes a Strategic Bitcoin Reserve for secure storage of US government digital assets. It plans to acquire one million Bitcoins over five years to strengthen the nation's financial stability. Citizens should be aware that their private Bitcoin holdings are protected, and the act prohibits their confiscation.
Key points
The US government will establish a Strategic Bitcoin Reserve to store digital assets, aiming to enhance national financial security.
Over five years, the government plans to purchase one million Bitcoins, to be held for at least 20 years, with potential future use for national debt reduction.
The act fully protects private Bitcoin property rights, meaning the government cannot confiscate or infringe upon legally acquired digital assets of citizens.
Public reports and audits will be implemented to ensure transparency in Bitcoin reserve management, and states can voluntarily store their Bitcoins in the federal reserve.
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Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_2032
Sponsor: Rep. Begich, Nicholas [R-AK-At Large]
Process start date: 2025-03-11